Grove Collaborative Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $173.7M | $203.4M | $259.3M | $321.5M | $383.7M |
| Cost of revenue | $80.4M | $94.1M | $121.9M | $166.9M | $195.2M |
| Gross profit | $93.3M | $109.3M | $137.4M | $154.7M | $188.5M |
| Selling, general & administrative | $87.4M | $103.2M | $134.9M | $206.9M | $186.6M |
| Research and development | $7.5M | $18.5M | $16.4M | $22.5M | $23.4M |
| Operating income | -$11.3M | -$22.5M | -$35.3M | -$141.0M | -$128.9M |
| Interest expense | $1.2M | $12.8M | $16.1M | $9.7M | $5.2M |
| Pretax income | -$11.7M | -$27.4M | -$43.2M | -$87.7M | -$135.8M |
| Income tax expense | $33,000 | $40,000 | $38,000 | $54,000 | $52,000 |
| Net income | -$11.7M | -$27.4M | -$43.2M | -$87.7M | -$135.9M |
| Balance Sheet | |||||
| Cash and equivalents | $8.5M | $19.6M | $86.4M | $81.1M | $78.4M |
| Current assets | $34.7M | $44.9M | $124.2M | $142.0M | $140.9M |
| Total assets | $53.1M | $65.0M | $150.7M | $174.0M | $182.5M |
| Current liabilities | $27.7M | $27.1M | $35.0M | $57.5M | $69.2M |
| Total liabilities | $45.3M | $48.8M | $132.6M | $147.5M | $150.8M |
| Total debt | — | $7.5M | $79.5M | $72.6M | — |
| Stockholders' equity | -$17.0M | -$8.5M | $8.1M | $26.5M | -$456.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$7.0M | -$9.7M | -$8.0M | -$96.3M | -$127.1M |
| Depreciation and amortization | $1.7M | $9.8M | $5.8M | $5.7M | $5.0M |
| Stock-based compensation | $4.3M | $12.0M | $15.5M | $45.7M | $14.6M |
| Capital expenditure | $1.2M | $1.8M | $3.0M | $4.2M | $5.8M |
| Free cash flow | -$8.1M | -$11.5M | -$11.0M | -$100.5M | -$132.9M |
| Share repurchases | — | — | — | $32,000 | $297,000 |
| Impairments | $915,000 | $1.3M | $2.5M | $5.3M | $0 |
Shares outstanding 42.0M · Free float 7.4%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.